Logan and Noah Miller, who wrote the middle-grade book, also will adapt it for the big screen.

Studio 8 has preemptively acquired the film rights to Gwambo and the Fairtown 6, a forthcoming middle-grade adventure novel from Logan and Noah Miller.

The Miller brothers will also write the screenplay adaptation of their upcoming novel.

The book, said to be an adventure story in the tradition of such classics as The Goonies or E.T., follows a diverse group of kids who encounter Gwambo, an ancient creature who has been hiding in their small California town for hundreds of years.

The deal sets a reunion between Jeff Robinov's Studio 8 and the Miller brothers, who are identical twins from Northern California. The duo sold their spec screenplay White Boy Rick to Studio 8 in 2015. The script went on to make the 2015 Black List.

The publishing rights for Gwambo and the Fairtown 6 will be handled by literary agent Shannon Hassan of Marsal Lyon.

The Miller brothers previously wrote Either You're In or You're In the Way, which was published by HarperCollins, and the forthcoming novel Let the Good Prevail (via Rare Bird). They wrote and directed the 2008 film Touching Home and the 2013 film Sweetwater, which starred Ed Harris and January Jones. They're repped by UTA and Thruline.

Studio 8, which was funded in partnership with China's Fosun Group and Sony Pictures Entertainment, will distribute up to six films per year. It has Solutrean currently in production, and Ang Lee’s Billy Lynn's Long Halftime Walk, in partnership with Sony’s TriStar Pictures, is set to come out in November.